What are the Top Credit Cards of 2017?

Credit cards are a convenient and widely accepted way of making purchases, and choosing the right one can save you money and earn you rewards. With so many options available, it can be difficult to determine which credit card is the best fit for your needs. In this article, we will explore the top credit cards of 2017 and what makes them stand out.

Cash Back Rewards Cards

Cash back rewards cards are a popular choice for consumers who want to earn money back on their purchases. Some of the topcash back rewardscards of 2017 include the Chase Freedom Unlimited, the Capital One Quicksilver Cash Rewards Credit Card, and the Blue Cash Preferred Card from American Express.

The Chase Freedom Unlimited offers 1.5% cash back on all purchases, with no annual fee and a sign-up bonus of $150 after spending $500 in the first three months. The Capital One Quicksilver Cash Rewards Credit Card offers 1.5% cash back on all purchases, with no annual fee and a sign-up bonus of $150 after spending $500 in the first three months. The Blue Cash Preferred Card from American Express offers 6% cash back on groceries, 3% cash back on gas and department store purchases, and 1% cash back on all other purchases, with an annual fee of $95.

Travel Rewards Cards

For frequent travelers,travel rewardscards can be a great way to earn points or miles that can be redeemed for flights, hotel stays, and other travel expenses. Some of the top travel rewards cards of 2017 include the Chase Sapphire Preferred Card, the Barclaycard Arrival Plus World Elite Mastercard, and the Discover it Miles card.

The Chase Sapphire Preferred Card offers 2 points per dollar spent on travel and dining, with a sign-up bonus of 50,000 points after spending $4,000 in the first three months and an annual fee of $95. The Barclaycard Arrival Plus World Elite Mastercard offers 2 miles per dollar spent on all purchases, with a sign-up bonus of 50,000 miles after spending $3,000 in the first 90 days and an annual fee of $89. The Discover it Miles card offers 1.5 miles per dollar spent on all purchases, with no annual fee and a first-year bonus in which all miles earned are doubled.

Balance Transfer Cards

Balance transfer cards can be a useful tool for those looking to pay off high-interest debt. These cards allow you to transfer your existing credit card balance to a new card with a lower interest rate, often with an introductory period of 0% interest. Some of the topbalance transfer cardsof 2017 include the Chase Slate, the Citi Simplicity Card, and the Discover it Balance Transfer card.

The Chase Slate offers a 0% introductory APR for 15 months on both balance transfers and purchases, with no balance transfer fee for the first 60 days. The Citi Simplicity Card offers a 0% introductory APR for 21 months on balance transfers and 12 months on purchases, with no late fees or penalty rates. The Discover it Balance Transfer card offers a 0% introductory APR for 18 months on balance transfers and 6 months on purchases, with no annual fee and a first-year bonus in which all cash back earned is doubled.

Tips for Choosing a Credit Card

When choosing a credit card, it is important to consider your spending habits and goals. Be sure to read the fine print and understand the terms and conditions of the card, includinginterest rates, fees, and reward programs. It is also important to use your credit card responsibly and pay your balances on time to avoid interest charges and potential damage to your credit score.

To save money on credit card fees, consider cards with no annual fees or balance transfer fees. Some cards also offer statement credits for certain purchases or reimbursements for travel expenses. To avoid fraud and protect your identity, monitor your credit card statements regularly and report any unauthorized charges immediately.

Conclusion

Choosing the right credit card can help you save money, earn rewards, and manage your finances more effectively. With the wide variety of credit cards available, it is important to do your research and compare your options to find the best fit for your needs. By following these tips and using your credit card responsibly, you can make the most of your credit card benefits and avoid potential risks.